Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
35 SIMPSONS LANE is a midsized extended detached house of 108m², built sometime before 1900. It was last sold for £275,000 in August 2015, which was about the average August 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 35 SIMPSONS LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. One of the two 35 SIMPSONS LANE sales was roughly equal to the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2015 7 AUG | £275,000 | £273,708 | Close to HPI |
2003 4 AUG | £225,000 | £197,869 | 14% above HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 35 SIMPSONS LANE sales from August 2003 and August 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2003 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2015 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
35 SIMPSONS LANE is 108m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 50% of detached houses in Broseley, based on EPC data. The below chart shows the distribution of detached houses by size in Broseley, and where 35 SIMPSONS LANE lies on this distribution: 54% of detached houses are smaller than 35 SIMPSONS LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Broseley.
35 SIMPSONS LANE sits on a plot of roughly 0.270 of an acre, or 1,093m². The below map shows the location of 35 SIMPSONS LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 35 SIMPSONS LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
35 SIMPSONS LANE is located in BROSELEY WOOD, in the TF12 postcode district. The below map shows the position of No. 35 on SIMPSONS LANE.